More Aviation Underwriters Inbound!
The pool of aviation insurance companies continues to grow, especially for the mid to light aircraft market. Below are some blog updates I did that should help some of your clients navigate through the owner flown insurance market. Pro Pilots continue to be an easy sell.
Other Blog Posts based on Hot Topics for Aviation Insurance:
- List of Aviation Insurance Companies
- New Aviation Insurance Companies in 2023
- BasicMed Aircraft Limitations
- BasicMed vs. Class 3 Pilot Certifications Compared
- BasicMed: A Guide to Pilot Certification and Privileges
Advice: The best way forward is to maintain a close relationship with your aviation insurance broker and underwriters.
|Make||Model||Type of Pilot||Hull Value||Premium|
|Citation||CJ3+||Single Pro Pilot; Quota Share 50/50%||$9,300,000||$43,000|
|Citation||CJ3||Pro Pilot; 100% one insurance company||$5,500,000||$32,000|
|Citation||CJ1||Pro Pilot Experienced; hull value underinsured but that’s what the owner wanted||$2,000,000||$17,000|
|Pilatus||PC-12||Four Owner Pilots 70+ years old; fractional; 6 Named Pilots, Previous Claim; a lot going on||$3,500,000||$51,000|
|Pilatus||PC-12||Single Owner Pilot 73 Years Old||$2,700,000||$40,000|
|Beechcraft||Premier||Owner Pilot Experienced; 70 Years Old||$2,000,000||$24,000|
|Daher||TBM 960||Owner Pilot Experienced||$5,000,000||$48,000|
|Piper||Meridian||Two Owner Pilots with 1,300TT and 0MM||$1,350,000||$26,000|
|Piper||M600||Owner Pilot Experienced||$3,260,000||32,000|
|Diamond||DA62||Owner Pilot with 600TT and 0MM||$1,400,000||$22,000|
|Diamond||DA62||Owner Pilot Airline Pilot||$1,560,000||$21,000|
|Cessna||T182||Owner Pilot Experienced||$857,000||12,000|
|Bell||505||Two Brand New Private Owner Pilots; Ranch and Cattle Operations||$1,850,000||$186,500|
|Bell||505||Owner Pilot with 700TT and 200MM||$1,900,000||$55,000|
|Airbus||H125||Owner Pilot Very Experienced||$1,600,000||$37,000|
Ben Peterson is a 15 year aviation insurance services professional, Commercial Pilot and Flight Instructor with over 1,000 hours instruction given, and former Cirrus Factory Instructor Pilot
Graduated from the University of North Dakota with a degree in Commercial Aviation as a Pilot and Flight Instructor. My first professional job was working for Cirrus Aircraft as an instructor.